Hindustan Copper Q4 net dips 95% to Rs 3.77 cr

State-run Hindustan Copper today reported a 95.58 per cent decline in its net profit at Rs 3.77 crore for the fourth quarter ended March 31, 2009.     

The total income also decreased to Rs 389.73 crore for the quarter under review as against Rs 468.35 crore in the same period last year, Hindustan Copper said in a filing to the Bombay Stock Exchange(BSE).     

For the year ended March 31, 2009, the company posted a net loss of Rs 10.3 crore, while it had a net profit of Rs 246.46 crore in the previous fiscal.     

The total income decreased to Rs 1,299.69 crore in the same period, against Rs 1,704.23 crore last year.

 

Shares of Hindustan Copper were trading at Rs 235.15 on the BSE, up 4.56 per cent from previous close.